 CAHA president Frank Sargent chose the location to maximize profits which were reinvested into minor ice hockey in Canada.The George Richardson Memorial Trophy champions Toronto St. Michael's Majors of the Ontario Hockey Association in Eastern Canada competed against the Abbott Cup champions Moose Jaw Canucks the Southern Saskatchewan Junior Hockey League in of Western Canada.In a best-of-seven series, held at Maple Leaf Gardens in Toronto, Ontario, St. Michael's won their 2nd Memorial Cup, defeating Moose Jaw 4 games to 1.